I understand what Peter is saying. I'm a Brit and sometimes feel this site ignores some of the different concerns we have as opposed to those in North America. I have an Alliance Leicester premier plus account crdit card and I have free travel insurance. It covers trip interuption, medical expenses incurred abroad and lost or stolen articles. It isn't as broad a coverage as some I could buy, but it does provide me with what I'm comfortable with. As he says, my homeowners policy covers lost or stolen items.
Travel insurance with credit cards is much more prevelent here in the UK that it is in the
States, but I do know there are some over there that do have it.